UNITED ARAB EMIRATES

((Residence by Investment ))

VISA FREE DESTINATIONS:

183 PASSPORT INDEX RANK:

11th

OVERVIEW:

The UAE is a key country in the Arabian Gulf and offers modern infrastructure, transport, and communications systems. The country is an excellent place in which to conduct business, with easy global access. Dubai is the second largest of the seven emirates and ranks as the UAE’s most important international city and financial and commercial center. UAE Residence by Investment is aimed at providing long-term residence to foreign investors, entrepreneurs, and talented individuals including specialists, students, and researchers who make a significant investment to the country.

PROCEDURE:

Applications for UAE residence must include completed application forms and should be accompanied by the appropriate fees and supporting documents. Golden Residence visas obtained are valid for 10 years and can be renewed thereafter. Residing outside the UAE does not nullify the visa. Investments must be held for at least three years.

MINIMUM CAPITAL REQUIREMENT:

Minimum investment of AED 2 million (approximately USD 550,000)

MAIN APPLICANT REQUIREMENTS:

There are numerous categories of beneficiaries for the UAE’s Golden Residence visa, including real estate investors who can obtain a 10-year renewable residence visa by purchasing one of the following:

A property worth a minimum of AED 2 million (approximately USD 550,000).
A property worth a minimum of AED 2 million (approximately USD 550,000) with a loan from specific local banks.
One or more off-plan properties worth a minimum of AED 2 million (approximately USD 550,000) from approved local real estate companies.

PROCESSING TIME:

A minimum 8 weeks from submission of the application to approval

KEY BENEFITS:

Gateway to Africa and the Middle East, Asia, and Europe due to the country’s strategic geographic positioning
Safe, secure environment
High standard of services and good quality of life
The applicant’s spouses and unmarried children of any age may be added at no additional investment.
Among the top 30 countries in the world for ease of doing business.
Favorable tax regime for investors—with no personal income, capital, net worth, or withholding tax (except for those levied in the domestic banking and oil sectors) and several double-tax treaties in place.
Good value from real estate investments
Streamlined, efficient residence permit system
Member states of the United Nations, the Gulf Cooperation Council, and the Arab League